fraud

Fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law, a criminal law, or it may cause no loss of money, property or legal right but still be an element of another civil or criminal wrong.

Visa: Innovation Boosts Authorization Rates as Merchants Improve the Customer Experience

Visa: Innovation Boosts Authorization Rates as Merchants Improve the Customer Experience
Visa: Innovation Boosts Authorization Rates as Merchants Improve the Customer Experience
February 02, 2024  |  Cybersecurity

“There’s a lot going on for merchants today, and they have a lot to juggle,” Saurabh Chopra, head of product, U.S. debit, prepaid and real-time...

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Coris Raises $3.7 Million, Adds 2 New Risk Management Products
Coris Raises $3.7 Million, Adds 2 New Risk Management Products
February 01, 2024  |  SMBs

Risk management platform provider Coris has raised $3.7 million in its first funding round. Get the Full Story Complete the form to unlock this article and enjoy...

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Mastercard Says New AI Model Ups Fraud Detection by 20%
Mastercard Says New AI Model Ups Fraud Detection by 20%
February 01, 2024  |  Artificial Intelligence

Mastercard has introduced a generative artificial intelligence (AI) solution to help prevent fraudulent transactions. Get the Full Story Complete the form to unlock this article and...

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GenAI Can Help Credit Unions Match Payments Innovation to Member Needs
GenAI Can Help Credit Unions Match Payments Innovation to Member Needs
February 01, 2024  |  Artificial Intelligence

Vlad Jovanovic, vice president of innovation at PSCU, told PYMNTS that credit unions will gain loyalty as they harness artificial intelligence to forge new use...

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56% of eCommerce Firms Lack the Right Tools to Fix Failed Payments
56% of eCommerce Firms Lack the Right Tools to Fix Failed Payments
February 01, 2024  |  eCommerce

Imagine a consumer attempting to make a purchase, only to get rejected at checkout. This was not because of money problems or fraud, but due...

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AI’s Role in Helping Banks Fight Fraud and Financial Crimes
AI’s Role in Helping Banks Fight Fraud and Financial Crimes
February 01, 2024  |  Cybersecurity

Easy money attracts bad actors.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Biometrics Startup Incognia Raises $31 Million for Anti-Fraud Tools
Biometrics Startup Incognia Raises $31 Million for Anti-Fraud Tools
January 31, 2024  |  Biometrics

Biometrics startup Incognia has raised $31 million to develop its location identity offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Experian Launches Fraud Prevention Tool for Car Dealers
Experian Launches Fraud Prevention Tool for Car Dealers
January 31, 2024  |  Cybersecurity

Car buying is increasingly moving online, and scammers who target car buyers are following suit. Get the Full Story Complete the form to unlock this article...

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